Marlborough Software loss widens

Marlborough Software Development Holdings Inc. lost $2.2 million in the third quarter, up from $2.1 million a year earlier.

The company, which develops software for mobile browsing and publication of print or electronic marketing materials, said the loss amounted to 21 cents per share for the period ended Sept. 30, compared to a loss of 19 cents a share during the same period last year.

Third-quarter revenue of $1.6 million fell from $2.1 million a year ago.

The company ended September with $621,000 in cash. After the quarter closed, the company said, it secured up to $4.35 million in investment and license pre-payment commitments.